Need Help?

Need professional advice for your consent to let with Cynergy Bank? There are various implications when it comes to letting out your property with an existing residential mortgage - you should seek professional assistance.

Top Five Questions relating to Cynergy Bank consent to lease

  • We've been renting my wife's old house out with "consent to let" from Cynergy Bank on a homeowner mortgage for the previous three years. Cynergy Bank have now advised that they are retracting their consent to let if we do not convert to one of their "buy to let" mortgages.

  • As things stand we have a five year fixed term home loan with Cynergy Bank that we're about 12 months into. Our situation has now changed and we wish to rent out our property for a while and whilst we relocate to Sutton. What can we do to mitigate the possibility of Cynergy Bank rejecting consent to let.
  • Good morning, I have consent to let my house with Cynergy Bank and am now looking to give my tenant 2 months notice as I intend to find a buyer. I am concerned about the property being empty once the tenant goes and finding a purchaser. I have never defaulted on the account, would it be possible to take payment breaks until sold?
  • Require some help regarding renting a property and consent to let. Later this year I want to move in with my fiance. The local authority would like to rent my flat for three years guaranteed with rent being paid and maintenance. The mortgage is with Cynergy Bank. Please help
  • I have Cynergy Bank mortgage and am considering leasing out the property. I understand I would need a consent to let to do this...is that right ?
  • I am after further information concerning consent to let mortgages, potentially moving our existing mortgage with Cynergy Bank over to a consent to let one.
  • What, if any, income criteria do Cynergy Bank set for consent to let on an existing domestic mortgage?
  • My wife and I may want to lease our home temporarily due to a new job. This will be for a limited period but perhaps for twoyears. Should I tell Cynergy Bank or am I best advised to keep quiet?